Darul Iftaa Mahmudiyyah

Kindly advise how interest money can be used

· 27 Dhuʻl-Hijjah 1433 AH1 min readFatwa 23200English

Question

Kindly advise how interest money can be used

Answer

In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

In principle, interest monies should be dispensed to the poor and needy, whether they are Muslims or non-Muslims without the intention of reward since such money is tainted.[1]

Interest money can also be given to one’s poor relatives who are the valid recipients of Zakaat, charitable organizations and Islamic Institutions.[2]

And Allah Ta’āla Knows Best

Ismail Desai,
Student Darul Iftaa
Durban, South Africa

Checked and Approved by,
Mufti Ebrahim Desai.

References (Arabic / Urdu sources)

1فتاوي محموديه، ص 347، ج 24، محموديه

من ملك أموالا غير طيبة أو غصب أموالا و خلطها ملكها بالخلط و يصير ضامنا (الي قوله) ان علمت اصحابه او ورثتهم وجب رده عليهم و الا وجب التصدق (رد المحتار، ج، 2، ص 291، كراتشي)

فتاوي دار العلوم ديوبند، ج 2ن ص 705، اشاعة، كراتشي)

محمود الفتاوي، ج 3، ص 57، أنور

و صرح الحنفية بأنه اذا مات الرجل و كسبه خبيث كأن كان من بيع الباذق او الظلم او أخذ الرشوة فالأولي لورثته أن يردوا المال الي أربابه فان لم يعرفوا أربابه تصدقوا به لأن سبيل الكسب الخبيث التصدق اذا تعذر الرد علي صاحبه ( الموسوعة الفقهية الكويتية، ج 34، ص 246، ادارة الشؤون الاسلامية)

[2] Contemporary Fatawaa, Pg.242, Idarah e Isalamiat.

Answered by
Ismail Desai
Checked & approved by
Mufti Ebrahim Desai
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Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/23200
Fatawa SA: https://fatawa.co.za/fatwa/askimam-23200

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